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PPP decides to support PML-N’s candidate for PM slot, refuses to join govt

05:36 PM | 13 Feb, 2024
PPP decides to support PML-N’s candidate for PM slot, refuses to join govt
Source: File Photo

KARACHI – PPP Chairman Bilawal Bhutto-Zardari said his party would support the candidate to be name by the PML-N for the prime minister’s slot, but categorically stated that they would not join the coalition government. 

Addressing a press conference, he said his party has decided to form a committee to hold talks with other political parties for the formation of government and political stability in the country.

“The PPP has decided that we are unable or not in a position to join federal government ourselves, nor are we interested in taking ministries in such a setup. We also don’t want to see political chaos in the country. We don’t want to perpetual crisis in the country,” Bilawal said.

The former foreign minister said his party would field candidates for the election of constitutional positions, including National Assembly speaker, Senate chairman. 

“I wish Asif Ali Zardari may become the president of Pakistan,” he said while stating that his party will not become part of the federal cabinet. 

He said the fact is that his party did not secure a mandate to form a government in the federation, therefore he has decided not to put himself forward for the PM’s slot. 

He acknowledged that the PML-N and the independents have greater numbers in the Centre.

He further highlighted that the PTI had rejected to engage with the PPP for forming a coalition, adding the PML-N is the only party that invited the PPP to join the government in Centre.

More to follow…

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Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 28 Feb 2024

Pakistani currency remains momentum against US dollar in the open market on February 28, 2024 (Wednesday).

US Dollar rate in Pakistan

In the open market, the US dollar moves up and currently hovers at 282 for buying and 282.25 for selling.

Euro currently stands at 303.1 for buying and 306.1 for selling while British Pound rate stands at 351.6 for buying, and 355.1 for selling.

UAE Dirham AED hovers at 76.1 whereas the Saudi Riyal saw slight increase, with new rates at 74.25.

Today’s currency exchange rates in Pakistan - 28 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 282 282.25
Euro EUR 303.1 306.1
UK Pound Sterling GBP 351.6 355.1
U.A.E Dirham AED 76.1 76.8
Saudi Riyal SAR 74.25 75.05
Australian Dollar AUD 181.1 183.1
Bahrain Dinar BHD 742.91 750.91
Canadian Dollar CAD 207.1 209.1
China Yuan CNY 38.87 39.27
Danish Krone DKK 40.61 41
Hong Kong Dollar HKD 35.75 36.1
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 905.46 914.46
Malaysian Ringgit MYR 58.5 59.1
New Zealand Dollar NZD 173.05 175.05
Norwegians Krone NOK 26.41 26.71
Omani Riyal OMR 725.54 733.54
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 207.15 209.15
Swedish Korona SEK 27.04 27.34
Swiss Franc CHF 317 319.5
Thai Bhat THB 7.76 7.91

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